The stock of Sito Mobile Ltd (NASDAQ:SITO) is a huge mover today! About 476,347 shares traded hands or 305.94% up from the average. Sito Mobile Ltd (NASDAQ:SITO) has risen 111.90% since April 13, 2016 and is uptrending. It has outperformed by 107.98% the S&P500.
The move comes after 8 months negative chart setup for the $92.24M company. It was reported on Nov, 15 by Barchart.com. We have $3.89 PT which if reached, will make NASDAQ:SITO worth $11.99 million less.
Analysts await Sito Mobile Ltd (NASDAQ:SITO) to report earnings on November, 22. They expect $-0.03 EPS, up 72.73% or $0.08 from last year’s $-0.11 per share. After $0.04 actual EPS reported by Sito Mobile Ltd for the previous quarter, Wall Street now forecasts -175.00% negative EPS growth.
According to Zacks Investment Research, “SITO Mobile Limited is a technology based mobile solutions provider. The Company provides wireless application development, publishing and distribution. It offers mobile location-based advertising and mobile messaging platforms that enable brands, agencies, and retailers to transform digital marketing by delivering targeted mobile advertising campaigns based on geo-location, in-store traffic, and customer response. SITO Mobile Limited, formerly known as Single Touch Systems, Inc., is based in Jersey City, New Jersey.”
More recent Sito Mobile Ltd (NASDAQ:SITO) news were published by: Streetinsider.com which released: “Form 4 SITO MOBILE, LTD. For: Nov 09 Filed by: Streams Kurt” on November 15, 2016. Also Marketwatch.com published the news titled: “Plus the latest data from Realtor.com on 21 home markets across the US” on April 16, 2011. Zacks.com‘s news article titled: “Why Sito Mobile (SITO) Might Surprise This Earnings Season” with publication date: November 11, 2016 was also an interesting one.
SITO Company Profile
SITO Mobile, Ltd., incorporated on May 31, 2000, operates a mobile location advertising platform serving businesses, advertisers and brands. Through its platform, the Company’s solutions allow marketers to create content targeted to audiences, based on location, interests, behaviors and loyalty. The Company’s offerings include SITO Location-Based Advertising and SITO Mobile Messaging. SITO Location-Based Advertising delivers display advertisements and videos (rich media) on behalf of advertisers, including various features, such as Geo-fencing, Verified walk-in, Behavioral Targeting, and Analytics and Optimization. Geo-fencing targets clients within a certain radius of location and uses technology to push coupons, advertisements and promotions to mobile applications. Verified Walk-in tracks foot-traffic to locations and which advertisements drive action.
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